Bitcoin Updates: Trump Urges Rate Cuts While Fed Remains Cautious—Bitcoin Drops Into Bear Market
- Trump pressures Fed for aggressive rate cuts, joking about firing Bessent if rates remain high, risking policy instability. - Bitcoin enters "most bearish" phase with Bull Score at 20/100, price below $102,600 as institutional demand wanes. - Fed chair replacement process nears conclusion, with potential impacts on crypto markets and global capital flows. - India debates stablecoin regulation while Leverage Shares plans 3x crypto ETFs, reflecting volatile market dynamics. - Bitcoin's $200,000 trajectory
Trump's Discontent With Fed Interest Rates Triggers
U.S. President Donald Trump has intensified his criticism of the Federal Reserve, jokingly threatening to dismiss Treasury Secretary Scott Bessent if interest rates are not cut more swiftly. Speaking at a U.S.-Saudi investment forum in Washington, Trump remarked, "The only thing Scott's messing up is the Fed... if you don't sort it out soon, I'll have to let you go,"
At the same time, Bitcoin has entered what on-chain experts call the "most bearish" stage of its ongoing bull run. CryptoQuant reports that
This negative outlook stands in contrast to Trump's advocacy for rapid monetary easing, which could indirectly shape Bitcoin's future. Trump has consistently criticized Fed Chair Jerome Powell and suggested he may appoint a more dovish replacement, though
Separately, India's government is weighing a regulatory framework for stablecoins, diverging from the Reserve Bank of India's (RBI) more conservative approach.
Amid these regulatory changes, new financial products are being introduced to take advantage of crypto's price swings.
As Trump pursues changes at the Fed and global regulatory discussions continue, Bitcoin's journey toward the $200,000 mark—a once popular prediction—now seems increasingly dependent on broader economic stability and institutional backing. With crucial technical support near $90,000 and no obvious catalysts in sight, the market faces a precarious balance between further declines and possible recoveries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed's Change in Liquidity Fuels Debate: AI Breakthrough or Speculative Frenzy?
- The Fed's halt of QT by December 1, 2025, risks injecting trillions into AI markets, reigniting speculative concerns amid record $57B Nvidia quarterly revenue. - AI infrastructure spending surges with FEDGPU's GPU clusters and Gartner projecting $2 trillion global AI spending by 2026. - Skeptics warn of debt-driven overinvestment, citing Meta/Oracle stock declines and unproven economic returns despite "depth and breadth" of AI innovation claims. - Historical parallels to the dot-com bubble emerge as anal
XRP News Today: Grayscale’s Altcoin ETFs Transform Market Liquidity, Connecting Digital Assets with Conventional Finance
- NYSE approves Grayscale's XRP and Dogecoin ETFs for Nov 24 trading, expanding regulated crypto access in the U.S. - ETFs convert private trusts to public structures under SEC's post-shutdown regulatory clarity, targeting major altcoins. - Products charge 0.35% fees with direct asset holdings, attracting $12.7B XRP and $7.2B Dogecoin derivatives pre-launch. - Competitors like Bitwise and Franklin Templeton also launch XRP ETFs, signaling growing institutional confidence amid Bitcoin outflows. - Regulatory
Solana News Today: Solana Holds at $140—Will SIMD-0411 Trigger a Recovery or Extend the Decline?
- Solana (SOL-USD) trades near $140, constrained by EMAs forming overhead resistance after breaking key support levels. - Proposed SIMD-0411 disinflation plan aims to cut emissions by $2.9B over six years, accelerating inflation reduction to 1.5% by 2029. - Institutional interest grows with $390M ETF inflows and Coinbase's Vector.Fun acquisition, despite $3M in November spot outflows. - Technical analysis shows mixed signals: RSI improvement vs. $711M unrealized losses for major holders, with $172 retest c
Solana News Today: Institutional Interest Drives Solana Back to $130, Sets Sights on $250 Breakout
- Solana (SOL) tests $130 support with RSI rising to 50 and historical 100%+ rebound patterns suggesting potential recovery. - Institutional demand accelerates via $8.26M ETF inflows and GeeFi's $250K token presale success, boosting market confidence. - On-chain metrics show 18% YoY address growth and 9.1% 30-day transaction increases, reinforcing network fundamentals. - $170 breakout could target $250, but volatility risks persist as seen in BlackRock's $532M ETF loss amid crypto declines.
Trending news
MoreCrypto prices
More
